g5000
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- Nov 26, 2011
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Since Trump takes credit for everything under the sun...
The entire US yield curve plunged below 1% for the first time ever. Here's why that's a big red flag for investors. | Markets Insider
Surging demand drove up the price of US Treasuries, dragging down their yields and sending the entire yield curve below 1% for the first time ever. The yield on the benchmark 10-year Treasury touched a record low of less than 0.4%, while the 30-year Treasury yield slid below 1% — an unprecedented event.
The falling curve underscores the worsening outlook for the world economy.
"It signals the market is worried about a global recession and aggressive monetary easing by the Fed," Neil Wilson, the chief market analyst for Markets.com, told Business Insider in an email on Monday.
"It will eventually settle down, and the real risk is when rates snap back," he added.
The entire US yield curve plunged below 1% for the first time ever. Here's why that's a big red flag for investors. | Markets Insider
Surging demand drove up the price of US Treasuries, dragging down their yields and sending the entire yield curve below 1% for the first time ever. The yield on the benchmark 10-year Treasury touched a record low of less than 0.4%, while the 30-year Treasury yield slid below 1% — an unprecedented event.
The falling curve underscores the worsening outlook for the world economy.
"It signals the market is worried about a global recession and aggressive monetary easing by the Fed," Neil Wilson, the chief market analyst for Markets.com, told Business Insider in an email on Monday.
"It will eventually settle down, and the real risk is when rates snap back," he added.